RATA

This release is the second release of the flat file. It appends the ACS fields to the previously released Redistricting demographic fields. In calendar year 2023, the 2022 FFIEC Census flat file will be updated for a third time. The missing demographic fields from the earlier releases will be backfilled with the Decennial Census Demographic and Housing Characteristics (DHC, formerly known as SF-1) files. Currently, the DHC file release is tentatively scheduled for 2023. The third and final version of the FFIEC Demographic data is now available on the RATA support site. Please read the important information below. Important note about concerns RATA has regarding the released data On August 26th, the final phased release of demographic data was published. RATA downloaded the data…

Continue Reading ⇢

The CFPB released specifications on GitHub in October 2020 regarding changes to the derived categorization of Race, Ethnicity and Sex groupings for reporting years 2018 and up. We made a minor change to address this in the Comply version 21.1 release which affects a small percentage of data for a very specific situation. This update corrects situations where previously, if someone classified themselves as 2-Asian and 24-Japanese, we would calculate that as 2 or more minority races. The new calculation would classify this as 2-Asian. The same goes for ethnicity sub-categories. Also, if someone classifies themselves as both male and female, the sex would be calculated as Joint. We have now updated the HMDA peer data for use in Peer2Peer to use the same calculations. This data is now…

Continue Reading ⇢

Settlement is the first government resolution involving illegal discrimination by a nonbank mortgage lender Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice (DOJ) took action to end Trident Mortgage Company's intentional discrimination against families living in majority-minority neighborhoods in the greater Philadelphia area. The figures and allegations below are drawn from the CFPB enforcement action against Trident Mortgage Company, LP and the accompanying consent order, filed 27 July 2022 in the U.S. District Court for the Eastern District of Pennsylvania as case No. 2:22-cv-02936, together with the Justice Department announcement of the same date. The CFPB and DOJ allege Trident redlined majority-minority neighborhoods…

Continue Reading ⇢

Over the next few months RATA will offer a number of free webinars to existing clients to better illustrate the power and flexibility of the Comply Suite of compliance tools.   Over the years the Comply software has evolved and become even more powerful.  New components and functionality have been added with each new version released and sometimes it is hard for customers to appreciate and utilize the full potential of the software.  During routine support calls we have noticed that the majority of clients are doing things in ways that are not taking advantage of key features and functionality of the latest software. For these reasons, we felt it would be in the best interest for all parties involved to go through the key functions of Comply, walk through the basics…

Continue Reading ⇢

Since the release of Comply 21.01 in mid-November of last year, our team has been actively making changes and adding features to improve your Comply experience.  This version brings those changes to your system, which include:  Restructuring of the manner in which User Fields are stored Updates to the Combined Ethnicity, Race and Sex fields to properly use the new values added with the 2018 HMDA changes  Implementation of a Geocoding Dashboard that allows clients to see in real-time both the volume of records and when they were sent to RATA for geocoding  Addition of Originated and Denied variations of the Peer2Peer Dataset Comparator reports – and more… For more details and a complete list of changes, please see the changes document, located on the Start…

Continue Reading ⇢

• Per Page: 51050All
• «1 ... 78910111213 ... 35»All
• Page #: 1234567891011121314151617181920212223242526272829303132333435